This research develops a model that incorporates both parental altruism toward children and the allocation of time among human capital investment and production in market and nonmarket sector. By introducing these two production sectors, the model captures the interaction among fertility, human capital investment, and time use as economies grow. The model is calibrated to the World Bank's 1985 Living Standard Survey for Peru. Simulations indicate that the model explains the transition from a low-human-capital and high-fertility economy to an economy characterized by high human capital and low fertility. (Copyright: Elsevier)

If you experience problems downloading a file, check if you have the
proper application to
view it first. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.

File URL: http://dx.doi.org/10.1006/redy.1998.0022File Function: Full textDownload Restriction: Access to full texts is restricted to ScienceDirect subscribers and ScienceDirect institutional members. See http://www.sciencedirect.com/ for details.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

When requesting a correction, please mention this item's handle: RePEc:red:issued:v:1:y:1998:i:3:p:699-718. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through
the various RePEc services.